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Retail Business For Sale in Nova Scotia, NS (Listing ID: 2457)

Retail

Thriving Furniture And Appliance Retailer With Real Estate

Retail Nova Scotia, NS

$679,000 CAD

Independent

Thriving Furniture And Appliance Retailer With Real Estate

Retail Nova Scotia, NS

$679,000 CAD

Independent

The "I love local" movement is strong and healthy with this community business.

Financial Information
Fiscal year end is September 30th

2020 Revenues: $773k and SDE of $156k
Working Capital of $128k. (Inventory: $100k, A/R: $112k, Current Liabilities: $84k)

2021 Revenues: expected to hit or exceed $1,000,000 and generate SDE of $230k (YTD is up over 35%).

SDE - Seller's Discretionary Earnings are the pretax and pre-interest profits before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. In addition, SDE may require that expenses be adjusted if a new owner will necessarily need to take on a new expense.

Minimum Equity Required
$275,000

Real Estate
Real estate included in sale price:
- approximately .6 acres of highway frontage
- approximately 3800 sft of building, showroom and warehousing
- drilled well and septic

Buildings are in good condition and align with the overall fit and feel of the business. No frills, just quality product and service at a great price. That being said, it should be expected there are 2 buildings that will require new roofs within the next 5 or so years.

Price
$679,000 (Share Sale)

Nova Scotia, NS Retail Business For Sale Details

Company Name

ABC Company

Legal Body

Incorporated

Established In

1999

Last Year of Completed Statements

2020

Gross Revenue

$773,000

Annual Earnings

$156,000

Land/Building Included

Yes

% of Business Selling

100%

Reason for Sale

Retirement

Financing Available

Yes

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

Buy And Sell A Business assumes no responsibility for the accuracy of any information shown.

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Annual Return On Investment Calculator

Annual Earnings:

$156,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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